2-bedroom terraced house · S40 2EE
For saleReduced £9.9k (−7.7%) on 12 FebListed 404 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This exceptional two-bedroom mid-terrace house presents a wonderful opportunity for a wide range of buyers, including first-time buyers, professional couples, those looking to downsize, and investor landlords seeking to expand their portfolio.
Finished with tasteful neutral décor throughout, the property offers a well-planned layout that combines both style and functionality.
You are welcomed into a superb open-plan living and dining area, a bright and versatile space that can be tailored to suit a variety of lifestyles.
Thoughtfully designed, it features a useful storage cupboard and double doors that flow seamlessly into the contemporary fitted kitchen.
The kitchen is equipped with a range of integrated cooking appliances and is complemented by a convenient rear porch that provides additional practicality.
The first floor hosts two generously sized double bedrooms, each offering ample space for both fitted and freestanding furniture.
The principal bedroom benefits from a built-in storage cupboard, enhancing its appeal.
A beautifully appointed bathroom with an elegant three-piece suite serves the bedrooms, completing the accommodation on this level.
To the rear, the property boasts a thoughtfully landscaped garden, with a well-planned layout that includes a superb seating area ideal for entertaining, a lower-level lawn providing an excellent space for children, and external stores offering valuable storage.
On-road parking is available to the front of the property, ensuring convenience for residents and visitors alike.
Located just outside Chesterfield, you have an expansive range of amenities within walking distance, including retail parks, restaurants, and cafes.
Transport links are excellent, with easy access to the motorway network, making commuting a breeze.
There are a number of highly regarded schools in the area and plenty of green space, including Queens Park, perfect for outdoor activities and relaxation.
Redbrik securemovetm - important please read: Redbrik is marketing this property with the benefit of Redbrik SecureMoveTM.
Redbrik has introduced SecureMoveTM to help speed up the sales process, minimise sale fall-throughs and give more certainty to both the Seller and the Buyer.
Purchasers will benefit from the Buyer Information Pack (bip), which we have created with our legal partners, to give buyers more information before they agree to purchase.
The pack includes: TA6 (Property Information Form) TA10 (Fittings and Contents) Official Copy of the Register Title Plan Local Search* Water and Drainage Search* Coal and Mining Search* Environmental Search* (Redbrik has ordered the local, drainage, coal and environmental searches; we will add these to the bip as they become available) Redbrik SecureMoveTM allows the sale process to be completed significantly quicker than a ‘normal sale’.
This is because the legal work, usually done in the first four to eight weeks after the sale is agreed, has already been completed.
The searches, which can take up to five weeks, are ordered on the day the listing goes live and are transferable to the successful Buyer as part of their legal due diligence.
Additionally, and on behalf of the Seller, Redbrik requires the successful Buyer to enter into a Reservation Agreement and pay the Reservation Agreement Fee of £595 (including VAT).
This includes payment for the Buyer Information Pack and all the searches (which a buyer typically purchases separately after the sale is agreed).
Upon receipt of the signed Reservation Agreement, payment of the Reservation Agreement Fee, completion of id and aml checks and the issuing of the Memorandum of Sale, the Seller will agree to take the Property off the market and market it as Sold Subject To Contract (sstc).
During the Reservation Agreement period, the Seller will reject all offers and not enter into another agreement with any other buyer.
The reservation period is agreed upon at the time of sale but is usually between 60 and 120 days. The Reservation Fee is non-refundable except where the Seller withdraws from the sale.
A copy of the Reservation Agreement is available on request, and Redbrik advises potential buyers to seek legal advice before entering into the Reservation Agreement.
EPC Rating: D Rear Garden To the rear, the property boasts a thoughtfully landscaped garden, with a well-planned layout that includes a superb seating area ideal for entertaining, a lower-level lawn providing an excellent space for children, and external stores offering valuable storage.
Parking - On Street On-road parking is available to the front of the property, ensuring convenience for residents and visitors alike.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 5 Sherwood Street, Chesterfield
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